531 Notre Dame Avenue, Greater Sudbury

$2,200,000

For sale: Other

Other at 531 Notre Dame Avenue, Greater Sudbury
Property type
Retail
MLS®
MLS® 2127082

This commercial building offers approx 6, 446 above grade, income-generating space in a high-traffic, high-visibility corner location at Notre Dame Avenue and St. George Street. Main floor approx 4,038 SF, Second Floor approx 2,408 SF and basement 4.078 SF C2 zoning. An ideal choice for a wide range of professional office, medical, administrative, or service-based businesses. The main floor has private offices, open cubical area, two spacious board/meeting rooms, a welcoming reception area with space for client seating AND a full kitchen. The second floor features a smaller footprint. Currently setup with a few private offices with modern glass walls, reception area and its own kitchen. This would be deal for a separate department, executive offices, or an additional tenant. The fully finished lower-level is currently configured as a collaborative office environment with cubicle-style workstations. It also features a private meeting room or boardroom, kitchenette, utility room, laundry facilities, and additional storage, creating excellent flexibility for larger teams or specialized operations. Whether occupied by a single business or adapted for multiple users, this well-appointed property offers exceptional flexibility to suit a variety of commercial applications. Did I mention there is a 30-spot parking lot behind the building? Please give me a call to learn more about the extensive renovations.

Sold data

Homes in Greater Sudbury — recent sold market

Homes in Greater Sudbury took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 49, across 68 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $672,450.

Homes sold for about 1.2% below asking on average, so there was room to negotiate.

About 35% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$672,450
Sale-to-list ratio
98.8%
Sold above asking
35%

Based on 68 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Greater Sudbury

Greater Sudbury has 1 Fraser Institute–rated school (1 elementary).

Rated schools
1
Elementary
1

Top-rated schools in Greater Sudbury

  • George VanierelementaryFraser rating 5.8/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 531 Notre Dame Avenue